SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-Q
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ___________ to _____________________________
Commission File Number 0-11704
COMPUTER IDENTICS CORPORATION
(Exact name of registrant as specified in its charter)
Massachusetts 04-2443539
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
5 Shawmut Road, Canton, Massachusetts 0202l
(Address of principal executive offices) (Zip Code)
(617) 821-0830
(Registrant's telephone number, including area code)
______________________________________________
(Former name, former address and former fiscal year,
if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
YES X NO
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Class Outstanding at June 30, 1995
Common Stock, $.l0 par value 10,827,593
COMPUTER IDENTICS CORPORATION
TABLE OF CONTENTS
Page
PART 1. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS............................ 1
Consolidated Balance Sheets --
June 30, 1995 and December 31, 1994......... 1
Consolidated Statements of Operations --
Three and Six Months ended June 30, 1995,
and June 30, 1994........................... 2
Consolidated Statements of Cash Flows --
Six Months ended June 30, 1995, and
June 30, 1994............................... 3
Notes to Consolidated Financial Statements.. 4
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF
OPERATIONS................................... 5
PART II. OTHER INFORMATION
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF
SECURITY HOLDERS............................. 8
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K 9
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
COMPUTER IDENTICS CORPORATION
Registrant
DATE: August 2, 1995
\Jeffrey A. Weber\
_________________________________________
Jeffrey A. Weber
Duly Authorized Officer and Principal Financial
Officer (Senior Vice President, Operations and
Finance and Chief Financial Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<CASH> 1,009,000
<SECURITIES> 0
<RECEIVABLES> 6,039,000
<ALLOWANCES> 321,000
<INVENTORY> 4,123,000
<CURRENT-ASSETS> 11,166,000
<PP&E> 3,833,000
<DEPRECIATION> 2,906,000
<TOTAL-ASSETS> 12,093,000
<CURRENT-LIABILITIES> 4,916,000
<BONDS> 65,000
<COMMON> 1,083,000
0
0
<OTHER-SE> 6,029,000
<TOTAL-LIABILITY-AND-EQUITY> 12,093,000
<SALES> 11,914,000
<TOTAL-REVENUES> 13,540,000
<CGS> 5,760,000
<TOTAL-COSTS> 12,990,000
<OTHER-EXPENSES> (14,000)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 9,000
<INCOME-PRETAX> 554,000
<INCOME-TAX> 53,000
<INCOME-CONTINUING> 501,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 501,000
<EPS-PRIMARY> .05
<EPS-DILUTED> .05
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